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HONEST ECONOMICS Melissa Carleton HONEST ECONOMICS Melissa Carleton

Will the Fed’s Decision to Cut Interest Rates Solve the Unemployment Problem? Only if it Benefits Young Workers.

Headlines this past week have announced the Fed's recent interest rate cut. Interest rates have now been shifted from a range of 3.5 to 3.75 percent, and not without controversy.

The decision was made amid an economically confusing environment characterized by both high inflation and high unemployment. While most headlines highlight the potential impacts on mortgages, inflation, and overall employment, this article focuses on how lower interest rates could significantly increase employment among recent college graduates.

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